• Carl Icahn entities
• Franklin Mutual Advisers
• JANA Partners
• SAC Capital
• Frank Biondi

• Icahn letter to Wall Street Journal 1.30.06
• Time Warner sells stake in AOL to Google 12.20.05

• TWX press release

• Schedule 14A 12.19.05

• Icahn voices concern over rumored AOL-Google deal

• Schedule 14A 12.13.05

• Icahn responds to Case recommending TWX split-up

• Schedule 14A 12.07.05

• Icahn comments on possible TWX actions

• Schedule 14A 11.29.05

• Icahn hires Lazard to assist in proxy fight
• Time Warner director resigns from Lazard board

• Schedule 14A 10.11.05

• Participants
• Letter to shareholders

• Schedule 14A 9.12.05

• Potential participants
• Icahn comments
• Position paper

• Initial Time Warner response

• Increases stock repurchases to $12.5 billion 11.02.05

• Relational Investors took a 7.3% stake in May 2005

• Criticizes Sovereign's performance

• Now seeks removal of all SOV directors

• Press release 12.22.05
• SOV response 12.23.05

• Files revised preliminary proxy statement 12.14.05

• For two director nominees

• Files preliminary proxy statement 10.20.05

• For two director nominees
• Press release 10.20.05

• Sovereign to buy Independence Community Bank
• Santander (Spain) to take 19.8% stake in Sovereign

• Neither ICBC acquisition nor Santander investment will be subject to a Sovereign shareholder vote

• See Regional Banks for deal-related information

• Sues SOV invoking Pennsylvania statute 12.12.05

• SOV response

• Identifies further discrepancies in deal proxy statement 12.09.05

• Relational press release

• Identifies discrepancies in deal proxy statement 12.06.05

• Relational press release
• SOV response
• See ICB- SOV proxy solicitation

• Additional SOV disclosures about insider loans 11.21.05

• SOV press release 11.21.05

• Ad attacks SOV management 11.10.05
• Requests "clarification" 11.10.05
• Slide presentation 11.08.05

• Books and records demand 11.03.05

• SOV response 11.10.05

• Relational's response 10.24.05

• Letter to NYSE 11.08.05

• Challenges avoidance of shareholder vote
• See SRO: Shareholder Approval

Relational sues Sovereign and Santander

Sovereign sues Relational

• Won't hold meeting until after August 2006
• Press release 1.04.06
• By-law amendment

• Sovereign comments 2.03.06
• Criticized by Relational Investors 2.03.06

• Schedule 13D 5.26.05
• Amendment #1
• Amendment #2

• Press release 10.20.05
• Announces "shareholder value forum"
• Books and records request

• Sovereign response 10.20.05
• Relational's rejoinder 10.21.05
• Amendment #3 11.09.05
• Amendment #4 12.23.05

• Authorizes additional share repurchases 7.20.05
• Investor presentation 7.21.05

Changes director compensation 8.05.05

• Sells $500 mm senior notes 8.25.05

• Press release
• Purchase agreement

• Increases dividend by 50% 9.21.05

• Press release

• SOV ad 11.11.05

• Sends letter to shareholders 11.28.05

• Letter

• Investor presentation 12.08.05

• Bally complaint 12.05.05

• Press release
• Form 8-K
• State complaint
• Federal complaint
• Supporting letter
• TRO motion
• Brief
• Bally amended complaint 12.16.05

• Brief

• Defendant's reply 12.19.05

• Opinion 12.22.05
• Liberation press release 12.23.05

• Claims revelations about relationships between Pardus and Liberation might be concerted actions
• Bally press release 12.23.05
• Liberation Investment response 12.23.05
• Pardus response 12.29.05

• Liberation letter to Bally Board 12.22.05

• Implies Bally management engaged in insider trading

• Pardus letter to Bally Board 12.08.05

• Criticizes acceleration of equity comp vesting

• Liberation letter to Bally Board 12.06.05

• Criticizes Bally management

• Liberation notice of stockholder proposal 11.21.05

• To remove CEO; Related by-law amendments

• Pardus director nomination proposal 11.17.05

• Three director nominees
• Notice
• Letter to board

• Stipulation

• Meeting to be held on 1.26.06

• Complaint 9.16.05
• Press release 9.19.05

• Definitive proxy statement 12.27.05

• Revised preliminary 12.27.05
• Revised preliminary 12.14.05
• Revised preliminary 12.09.05
• Preliminary
• Preliminary 12.06.05
• Letter to shareholders 12.13.05

• Preliminary proxy statement 12.22.05
• Letter to stock holders
• Definitive proxy statement 12.30.05
• Preliminary proxy statement 12.28.05
• Preliminary 12.06.05

• Definitive proxy statement 12.30.05
• Preliminary proxy statement 12.28.05

• Preliminary proxy statement 12.07.05

• Opposition poison pen letter 12.10.05

• Bally adopts a shareholder rights plan 10.18.05

• Press release
• Form 8-K
• Rights agreement
• Certificate of designation

• Bank consent to rights plan transactions 10.17.05

• Bally:  Latham & Watkins
• Pardus Capital: Paul Weiss / Lowenstein Sandel
• Liberation Investments: Milbank Tweed / Ashby & Geddes

Liberation Investments

Pardus Capital Management

SEC_CODE_REF_0090001192884

Wattles Capital Management

Everest Capital

SAC Capital Advisors

Wellington Management

Columbia Wanger Asset Management

Dimensional Fund Advisors

• Extends closing date 12.22.05
• Announced 9.19.05

• Press release
• Purchase agreement

• Bally letter to Liberation 12.08.05
• Bally letter to Pardus 12.12.05
• Bally slide presentation 12.15.05
• Bally letter to Liberation 11.15.05
• Liberation letter to Bally 11.11.05
• Pardus letter to Bally 10.24.05
• Bally letter to Pardus 10.18.05
• Pardus letter to Bally 10.17.05
• Bally to file restated financials 9.19.05
• Liberation letter to Bally 7.21.05
• Liberation letter to Bally 7.18.05
• Liberation letter to Bally 9.10.04
• Liberation letter to Bally 8.30.04
• Liberation letter to Bally 7.09.04

• Amendment #6 12.27.05
• Amendment #5 11.15.05

• Letter to board
• Press release

• Amendment #4 10.27.05

• Letter to board

• Amendment #3 4.25.05
• Amendment #2 4.11.05
• Amendment #1 3.11.05
• Schedule 13D 2.25.05

• Brings suit to validate consent solicitation 11.22.05
• Re: real estate values 11.18.05
• ISS backs Red Zone 11.15.05
• Claims not to seek control 11.11.05
• Letter to stockholders 10.24.05
• Consent solicitation statement 10.19.05

• Table of contents

• Responds to Red Zone lawsuit 11.23.05

• Consent deadline misleading 11.18.05

• Urges rejection of ISS recommendation 11.15.05

• Criticizes change in Red Zone tactics 11.14.05

• Responds to Red Zone comments 11.11.05

• Letter to stockholders 11.11.05

• Responds to Tigris Management statements 11.09.05
• Earnings release 11.07.05

• Red Zone comments 11.08.05

• Letter to stockholders 11.02.05
• Mails consent revocation statement 10.26.05
• Consent revocation statement 10.25.05
• Investor presentation 10.18.05

• Solicitation materials 10.07.05
• Preliminary consent solicitation statement 10.05.05
• Preliminary consent solicitation statement 9.27.05
• Preliminary consent solicitation statement 9.16.05
• Preliminary consent solicitation statement 8.17.05

• Sets record date 10.14.05
• Preliminary consent revocation statement 10.06.05
• Preliminary consent revocation statement 9.23.05
• Preliminary consent revocation statement 9.09.05
• Preliminary consent revocation statement 8.25.05

• Amendment #10 12.01.05
• Amendment #9 11.22.05
• Amendment #8 10.20.05
• Amendment #7 10.05.05

• Press release
• Record date demand
• Stockholder list demand

• Amendment #6 9.16.05
• Amendment #5 8.18.05
• Amendment #4 8.10.05
• Amendment #3 4.22.05
• Amendment #2 1.14.05
• Amendment #1 9.02.04
• Initial filing 8.30.04

• Diaco Investments has 9.7% 9.12.05

• Amendment #1 11.02.05
• Says not time to sell
• Six Flags response

• Weitz & Co has 10.6% 9.06.05
• Cascade Investment (Bill Gates) has 11.5% 8.31.04

• Closes Houston park 9.12.05
• Change-in-control severance arrangements 7.21.05
• Kingda Ka shutdown 6.14.05
• Company 2005 definitive proxy statement 4.29.05

• Six Flags: Weil Gotshal / Skadden
• Red Zone: UBS / Cadwalader